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20121006
20121014
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Search Results 0 to 8 of about 9 (some duplicates have been removed)
, i don't think it is the core issue, is the deficit. if when they bailed-- saved the bank, they didn't have to save the bankers. they didn't have to save the creditors to the bank. >> rose: meaning they could have saved the bank and made a condition of the rescue that the executives who were in charge of the banks had to be replaced. >> exactly. u.k. did that. and they could have said no bonuses, if we give you money, you can't put out the money in bonuses. they could have told-- these banks were basically bankrupt is so the normal bankruptcy, shareholders lose everything. now the shareholders have a lot. so all that money that went to the bondholders and to the shareholder kos have gone to the u.s. taxpayers. and we would be the much better financial shape now. so in a sense, they could have also demanded as a condition of giving money no more abusive credit card practise t no more discriminatory lending, no more predatory lending. banks go back to lending in the way that they're supposed to. small, medium size enterprises. >> were those kinds of reforms in your judgement enacted by
Search Results 0 to 8 of about 9 (some duplicates have been removed)